Global tech giant Microsoft is set to make a major investment in Canada as it ramps up its artificial intelligence capabilities. The company plans to invest more than $7.5 billion Canadian dollars over the next two years. This will bring Microsoft's total AI investment in Canada to $19 billion Canadian dollars between 2023 and 2027. This is one of the most significant announcements related to AI development in Canada.
The investment will help expand Canada's data center network and establish a dedicated Thread Intelligence Hub for cybersecurity protection. This huge investment is expected to give a new impetus to Canada's technology sector. Microsoft will support the growth of innovative technology in the country by improving AI infrastructure and collaborating with Canadian AI startups. This investment will help the Canadian government and regulatory partners track cybersecurity threats and conduct AI security research.